Super Speedy Delivery Services has the collected the following information about operating expenditures for its delivery truck fleet for the past five years: Year Miles Operating Costs 2016 55,000 $195,000 2017 70,000 $210,000 2018 50,000 $180,000 2019 65,000 $205,000 2020 85,000 $225,150 Using the high-low method, what is the cost estimate for variable costs for 2021? Select one: A. $1.60 B. $1.50 C. $1.29 D. $2.00

Q: In planning its operations for 2021 based on a sales forecast of P6,000,000 and breakeven point in…

A: Break-even analysis is the easiest form of cost-volume-profit analysis. Break-even analysis is used…

Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…

A:

Q: During 2021, it costs Bramble, Inc. $24 per unit to produce part T5. During 2022, the unit cost has…

A: Make or Buy Decision :—  It is act of selecting lowest cost alternative between making of product or…

Q: Operating Income of $220,000 in 2019, when production was 3,000 units   Variable expenses per…

A: The variable cost of a product is the cost which changes with change in the production level.…

Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…

A: Breakeven point means sales revenue at which business is recovering it's fixed costs and variable…

Q: Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR…

A: Contribution margin measures the growth of the company based on a particular good or service.

Q: Total cost and number of units in the first seven months of 2020 are given below. According to this…

A: A cost equation seems to be a quantitative equation that a business may use to anticipate the costs…

Q: Newton cellular manufactures and sells the top line cell phone for the year 2022. Newton has…

A: Income statement is the statement in which all expenses (variable as well as fixed costs) and…

Q: Boo Corporation's costing details for 2020 based on 20,000 produced units (60% of produced units…

A: In the variable costing income statement, all the variable costs are deducted from sales to…

Q: matics Incorporated manufactures flat-screen television sets. The company’s contribution format…

A: Lets understand the basics. Contribution margin margin generated from sales after deducing variable…

Q: Hudson Co. predicts fixed costs of $400,000 for 2019. Its one product sells for $170 per unit, and…

A: Contribution margin per unit = Selling price per unit - Variable cost per unit…

Q: Covid2020 Furniture is operating at almost 100% capacity. The company expects sales to increase by…

A: A )  Contribution = sales - variable cost.

Q: Required information [The following information applies to the questions displayed below.]Hudson Co.…

A:

Q: Under the absorption costing, the total product costs should be:

A: The calculation of total product costs under the absorption costing is shown hereunder : Absorption…

Q: mahagement of Charlene Mountain Hotel is interested in the analysis of the fixed and variable costs…

A: To compute the fixed and variable component using the scattergraph method, first, we need to create…

Q: Muscat Pharmacy had sales of OMR 1,000,000 (50,000 units) for 2019. The variable expenses were OMR…

A: Contribution margin ratio =  Contribution margin / Total sales  x 100 Where, Contribution margin…

Q: Spring Manufacturing sold 610,000 units of its product for $98 per unit in 2019. Variable cost per…

A: Contribution margin = Sales - Variable costs Operating income = Contribution margin  - Fixed costs

Q: Muscat Pharmacy had sales of RO 1,000,000 (50,000 units) for 2019. The variable expenses were RO…

A: Sales: Sales include a number of goods and services sold by the organization during their accounting…

Q: Dundar Mifflin manufactures and sells three products: X, Y, and Z. Annual fixed costs are $515,250…

A: A Break-even point is a point where there is no operating profit or loss is incurred which means…

Q: Baryans Corporation provided the following partial income statements and detailed information for…

A: Cost Volume variance = (Quantity sold in 2021 - Quantity sold in 2020) x Unit Cost Price in 2020

Q: Music Incorporated planned and manufactured 259,500 units of its single product in 2022, its first…

A: SIMS COMPANY Variable Costing Income Statement Sales (209,500 units X $ 79 per unit)    $…

Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…

A: Break even sale is the point of sale where no profit and no loss incurred. It is the point of sale…

Q: iyadh computers planned and actually manufactured 200,000 units of its single product in 2020, its…

A: Riyadh Computers Traditional Income Statement Sales (120,000*40)   4800,000 Less: Cost of…

Q: The following is Pacific Limited’s contribution format income statement for January 2022:…

A: selling expense per unit = $ 1,400,000/ 25,000 units  Selling expenses per unit = $ 56    Variable…

Q: Warmuplang Corporation showed the following costs for 2020     Warehouse depreciation…

A: Difference in net income under absorption and variable costing  Increase in inventory (units)  x…

Q: Warmuplang Corporation showed the following costs for 2020 Warehouse depreciation P 300,000 Salaries…

A:

Q: Hudson Co. reports the contribution margin income statement for 2019.   HUDSON CO. Contribution…

A:

Q: Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin…

A: Given that, Sales = $2912000 Variable cost = $2184000 Fixed cost = $567000   Required sales =…

Q: Patience company is considering a proposal to replace an existing machine used for the manufacture…

A: Current variable costs = 70% of sales = P2,000,000 x 70% = P1,400,000

Q: Black Widow Company had the following costs for 2020:   Raw materials P700,000 Direct labor…

A: The question is multiple choice question  Required  Choose the Correct Option

Q: Kyonggi Machine Corporation in Suwon reports the following operating results for the month of June…

A: The Break-even point is that point of output at which the firm is at no profit or loss position. At…

Q: Assume that projected revenue for 2018 is 1,058,949.  Also assume the following projected 2018 costs…

A: Introduction:- The following formula used to calculation of contribution margin as follows:-…

Q: Nizwa Co. has the following information available for December 2019: Total fixed costs R.O. 240,000…

A: Contribution ratio Contribution ratio refers to a ratio expressing the percentage of sales to cover…

Q: MNO Products, Inc. planned and actually manufactured 200,000 units of its single product in 2020,…

A: Variable cost is  that change as the amount of the great or administration that a business produces…

Q: Covid2020 Furniture is operating at almost 100% capacity. The company expects sales to increase by…

A: Break even point (Sales) = Fixed Cost/ PV ratio PV Ratio = Contribution/ Sales Contribution = Sales…

Q: Assume that total sales revenue for 2018 is projected to be $1,015,848. Assume also the following…

A: Expense Amount$ Cost Packaged (cans & bottles) 150000 variable cost Kegs 80000…

Q: The following information is available regarding the total repair costs of Alexander Design Company…

A: Lease square regression Analysis Through this model it can be easily identify the variable cost and…

Q: Company B has the following information for the year 20XO: Sold units Sales price per unit Unit…

A: Return on Investment: This percentage shows how much profit we have made by investing in how many…

Q: The following data for 2021 are available for Canlubang Automotive Company which manufactures and…

A: Contribution per unit = selling price per unit –  variable cost per unit        Break even point…

Q: Calculate the new total Marginal Income and Net Profit/Loss, if an increase in advertising expense…

A: Marginal income is the difference between sales revenue and variable costs. Net profit or loss is…

Q: oit Manufacturing Company manufactures and sells parts fe mation to a single part which is used in…

A: Total Variable cost per unit = D+ material + Labor +V. manufacturing o/n…

Q: 1. Using a single-rate allocation and budgeted usage, how much will each department be allocated?…

A: Each department is allocated cost in the single-rate allocation of cost based on usage of budgeted…

Q: Ore Company produces bookcases. Sales were good in 2019. However, with the slowdown in the economy,…

A: Selling price per unit = $600,00060,000 units = $10 per unit Variable cost per unit = $360,00060,000…

Q: NUBD Company prepared the following preliminary forecast concerning product Excellence for 2021…

A: The income statement is prepared to find net income or losses incurred during the period.

Q: During the current year, Mute Corporation expected to sell 24,300 telephone switches. Fixed costs…

A: Break-even point = Fixed cost / Unit contribution margin = $12,145,500 / ($3,350 - $1,560) = 6,785…

Q: During the current year, OutlyTech Corp. expected to sell 84 000 telephone switches. Fixed costs for…

A: Break even point means a situation where there is no profit no loss. Break even sales = Fixed cost /…

Q: Nizwa Co. has the following information available for December 2019: Total fixed costs OMR 240,000…

A: The question is multiple choice question  Required  Choose the Correct Option

Pricing

Pricing is used as a term in finance and economics, pricing is the process of fixing a value for a product or a service. Pricing establishes a value for a product or service that the customer has to pay. A business can choose from different strategies while deciding to set prices.